Hello Carlos,
Let's learn about crypto taxation today.
Cryptocurrencies brought four major groups together: investors, traders, miners, and thieves. As the cryptosphere gained more traction, revenue authorities came knocking and started talking about the need for crypto traders and investors to pay tax.
Then I realized: Ah, so Benjamin Franklin was right when he said nothing is certain in this world except death and taxes.
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As a crypto trader & investor, you need to pay taxes on your crypto income. If not, the tax collectors will come out looking for you.
The question is, where do you start?
Read: How To Calculate Taxes on Crypto (Best Crypto Tax Software)
As the cryptocurrencies are becoming mainstream and governments have started classifying Bitcoin and crypto earnings for tax purposes, it is important to become mindful of your crypto earnings, and pay taxes to avoid any future surprises.
See ya in the next email.
Ta da!
Harsh Agrawal
Disclaimer: This newsletter is for informational purpose only, and is not investment or financial advice. Kindly DYOR!
How To Calculate 🧮 Taxes on Crypto (Best Crypto Tax Software)